Wednesday, 21 Nov 2018
Category: Business

Blue Apron Pulls Meal Kits From Costco

Blue Apron has indefinitely stopped its pilot program with Costco, just a few months after it launched. In May, the meal kit delivery service launched the service — offering its beef stir-fry and chicken tacos — at 17 West Coast Costco locations. The goal was to give customers a taste of what Blue Apron has to […]

US Considers AI Regulation For Foreign Countries

A new proposal shows that the U.S. government is looking to find a way to regulate artificial intelligence (AI) so other countries can’t use the technology against it. According to The Quartz, the proposal by the Department of Commerce lists areas of AI software that might require a license to sell to certain countries, including […]

Weak iPhone Sales Hurt Chipmaker Profits

As iPhone sales appear to be on the decline, the future is uncertain for the global semiconductor sector and other parts of the iPhone supply chain. According to the Financial Times, concerns were sparked by the recent revelation from Apple that it would no longer disclose how many iPhones or Macs it sells. Other issues — such […]

Recurring Card Payments To Hit $473B By 2021

A new report has predicted that recurring transactions processed on debit and credit cards in the United States will reach $473 billion by 2021. The report, “U.S. Recurring Payments Market Forecast, 2017–2021: Set It and Forget It,” has explored U.S. market size and reviewed service offerings from seven providers in the U.S. market. Amazon, for […]

Walgreens, Humana Mull Partnership Expansion

Drugstore owner Walgreens Boots Alliance is in preliminary discussions with health insurer Humana about possibly taking equity stakes in each other. The companies already have a partnership that serves seniors from two Walgreens locations. Now, citing sources familiar with the matter, The Wall Street Journal (WSJ) reported that Walgreens and Humana are having wide-ranging talks that […]

PODCAST: Why Fraudsters Are So Ready To Feast On Marketplaces This Holiday Season

Experts are predicting big things for the 2018 holiday shopping rush. eMarketer predicts that 2018 will be the first year in U.S. history that holiday spending officially crosses the $1 trillion mark. And even if spend doesn’t quite hit the heights forecast, it seems likely consumers and retailers will be rather busy between now and the end of the […]

Mobile Order-Ahead Faces Restaurant Hurdles — Here’s Why

It’s a relatively simple prospect: Select food. Order food. Eat and pay for the food (the process depends on the type of restaurant, of course). And then, perhaps, open a few notches on your belt to allow your newly full stomach to expand. (Happy Thanksgiving, by the way!) But even as that basic concept remains […]

In The Age Of Algorithms, Will Banks Ever Graduate To True AI?

Algorithms are taking on more of the data and security work for financial institutions (FIs), with technologies such as data mining and business rules management systems (BRMS) finding popularity among banks and credit unions. However, fewer institutions have made the move to true artificial intelligence (AI), with funding and even misunderstanding about the technology serving […]

TRENDING: Call Centers Push With Biometrics As Fraud Soars

The rate of contact center fraud has skyrocketed recently, growing by 350 percent during the past four years. For call centers, dealing with this growing issue requires a multi-pronged approached, complete with defense to beat attacks coming from both outside and inside the company. That means thwarting fraudsters who call in, masquerading as legitimate customers, […]

Citi Payment Insights Expands To 70 Markets

Citi’s Treasury and Trade Solutions (TTS) announced that it has expanded its Citi Payment Insights offering to more than 20 new markets, making it available in more than 70 markets. Launched in July, Citi Payment Insights provides real-time payments visibility, including processing status and timelines, charges deducted across correspondent banks, the amount credited to the […]